Global Aluminium Industry Outlook 2021

Global Aluminium Industry Outlook 2021

Last Updated : January 20, 2021 | Format PDF


What does the AlCircle’s report on "Global Aluminium Industry Outlook 2021" offer to you?

After the year 2020, a year of mayhem for the aluminium industry with usage declined 4.1 per cent to 84.5 million tonnes amid production surge to over 65 million tonnes and increased inventories leading to supply-demand gap due to the unprecedented COVID-19 outbreak, the industry leaders and enthusiasts are eagerly looking forward to the projection for 2021. Hence, AlCircle team has come up with a new comprehensive report on “Global Aluminium Industry Outlook 2021”.

AlCircle forecasts the demand for aluminium to rise briskly at around 7.5% during 2021 riding on the back of a high growth rate in China and a rebound in other major markets across the world. The demand for the metal is expected to move past the 90 million mark with improvements in global mobility and the release of pent-up demand as the year progresses.

While the industry has started working towards sustainable alternatives such as low carbon aluminium/green aluminium and innovating new technologies and alloys to bolster its position as the most sustainable metal in the world, aluminium produced through renewable energy sources is expected to gain much more importance this year and beyond.

On the end-user front, usage of aluminium is expected to resume to normal levels during 2021 as operations resume across various end-user sectors. The packaging sector is estimated to continue growing and buoy the aluminium demand, while the automobile industry is expected to reach pre-Covid levels during the third quarter of 2021.

This report has more in-depth analyses of how the policy changes and developments of 2020 have built a foundation for 2021 and how the year is likely to trend ahead.

In a nutshell, the following points are covered by our “Global Aluminium Industry Outlook 2021”:

1.The Bauxite Market

  • World bauxite production
  • Top bauxite supplying countries to look out for
  • Demand supply scenario and price analysis
  • Price outlook
  • Upcoming bauxite projects and trade developments in 2021
  • What’s in store in the short term?

2. The Alumina Market

  • Global alumina market to face price pressures in 2021
  • World alumina production
  • Top alumina supplying countries and companies
  • Alumina demand-supply scenario and price analysis
  • Alumina trade overview
  • Red mud (Bauxite residue)
  • Alumina projects to look forward to in 2021
  • Short-term outlook

3. The Primary Aluminium Market

  • Market outlook 2021 
  • World primary aluminium production trends: 2020
  • Key developments in primary aluminium markets
  • Inventory situation 
  • Global trade dynamics
  • Price outlook

4. The Downstream Market

  • Market outlook 2021
  • Key drivers & trends in aluminium usage in 2021 and beyond
  • Aluminium FRP: Industry outlook
  • Aluminium foil: Industry outlook
  • Aluminium extrusions: Industry outlook
  • Aluminium wire rods: Industry outlook
  • Aluminium castings: Industry outlook

5. The End User Market

  • Aluminium usage by end user sectors
  • Transportation
  • Building & Construction 
  • Packaging
  • Electrical & Electronics
  • Other applications

6. The Recycled Aluminium Market

  • Demand outlook 2021 
  • World recycled aluminium usage
  • Recycled aluminium usage across regions
  • Recycled aluminium usage by end user
  • Key drivers and trends
  • Aluminium dross
  • Future outlook

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